Live in one of Chelan’s most idyllic neighborhoods on the lake. This is a rare opportunity to own on this beloved block where nothing has hit the market in years. This home sits just a few feet to the lake and comes with a dock & boat lift. Located in one of the best locations on Lake Chelan - this tucked away block provides the perfect amount of sun exposure to be comfortable all day while being just a couple minutes to downtown Chelan and has with very little traffic in the area. Walk to Sigillo Cellars rooftop patio, Lakeside Tavern, Lakeside Surf or Downtown Chelan on the recently completed Lakeside trail. With a beautiful & spacious floor plan that includes 2 expansive primary suites, gorgeous back patio, large recreation room, 2 decks for enjoying the lake view & tons of storage & parking, this home offers the ultimate lifestyle in a setting that’s impossible to replicate. The ample square footage provides plenty of space to spread out or host and entertain. Being feet from Lake Chelan with your own dock and also being located a couple minutes to downtown Chelan at this price point is an incredible deal that you won't see again any time soon! Don't miss out!
Pending inspection
Listed by: CB Cascade RE - Lake Chelan • Jessie Simmons
Price cut: $104K (6/29)
$2,495,000
2031 W Terrace Avenue, Chelan, WA 98816
5beds
3,985sqft
Single Family Residence
Built in 1993
6,534 Square Feet Lot
$2,325,200 Zestimate®
$626/sqft
$-- HOA
What's special
Gorgeous back patioLarge recreation room
- 93 days |
- 797 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Jessie Simmons,
CB Cascade RE - Lake Chelan
Source: NWMLS as distributed by MLS GRID,MLS#: 2472777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Second
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Heat Pump, Electric
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Trash Compactor, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Central Vacuum
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,985
- Total interior livable area: 3,985 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Bath Off Primary, Built-In Vacuum, Fireplace, Jetted Tub, Walk-In Closet(s)
- Spa features: Bath
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Lot
- Size: 6,534 Square Feet
- Features: Paved, Deck, Dock, Moorage, Patio
Details
- Parcel number: 272214662351
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tri-Level
- Property subtype: Single Family Residence
Materials
- Wood Products
- Roof: Composition
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Lakeside
Location
- Region: Chelan
Financial & listing details
- Price per square foot: $626/sqft
- Tax assessed value: $1,680,106
- Annual tax amount: $12,748
- Date on market: 4/11/2026
- Cumulative days on market: 91 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
Estimated market value
$2,325,200
$2.21M - $2.44M
$4,893/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $2,495,000$626/sqft |
Source:  NWMLS as distributed by MLS GRID #2472777 Report a problem | ||
| 6/29/2026 | Price change | $2,495,000-4%$626/sqft |
Source: NWMLS as distributed by MLS GRID #2472777 Report a problem | ||
| 5/14/2026 | Price change | $2,599,000-5.5%$652/sqft |
Source: NWMLS as distributed by MLS GRID #2472777 Report a problem | ||
| 4/9/2026 | Listed for sale | $2,750,000$690/sqft |
Source: NWMLS as distributed by MLS GRID #2472777 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,736 +4.8% | $1,680,106 +1% |
| 2023 | $11,204 +33.7% | $1,663,256 +43.1% |
| 2022 | $8,378 -4.7% | $1,162,319 +14.2% |
| 2021 | $8,792 +39.5% | $1,017,603 +45.1% |
| 2020 | $6,302 -0.3% | $701,512 +0.2% |
| 2018 | $6,323 -13.4% | $699,774 -4% |
| 2017 | $7,302 +26.8% | $728,663 -0.9% |
| 2016 | $5,759 | $735,102 +10.8% |
| 2015 | $5,759 | $663,479 +35.7% |
| 2013 | $5,759 | $489,084 -0.8% |
| 2012 | -- | $493,068 -17.6% |
| 2011 | $4,203 -3% | $598,115 +26.9% |
| 2010 | $4,334 | $471,248 -12.3% |
| 2008 | -- | $537,514 +106.8% |
| 2007 | -- | $259,876 |
| 2006 | -- | $259,876 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98816
Nearby schools
GreatSchools rating
- 3/10Morgen Owings Elementary SchoolGrades: K-5Distance: 1.8 mi
- 8/10Chelan Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Chelan High SchoolGrades: 9-12Distance: 1.3 mi
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- Washington
- Chelan County
- Chelan
- 98816
- 2031 W Terrace Avenue
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